# Magyar Bancorp (MGYR) — Overview

MGYR · NASDAQ · Stock

Canonical page: https://www.lighthorse.io/tickers/mgyr

## Price

Last close $19.89 on Oct 15, 2026. 52-week range $16.10 – $19.89.

## Company profile

Magyar Bancorp Inc is an independent, community financial services provider offering traditional banking services to individual, business, and government customers. The Company attracts retail deposits through its main office in New Brunswick, New Jersey, and branch offices in Middlesex and Somerset Counties, and invests those funds mainly in commercial and residential real estate loans, commercial business loans, SBA loans, home equity loans and lines of credit, construction and land loans, and investment securities. Revenues are derived mainly from interest on loans and securities and from fees and service charges, with lending relationships focused on small to mid-sized businesses and individual consumers in central and northern New Jersey.

## Financials

| Metric | Value |
| --- | --- |
| Revenue (trailing twelve months) | $39.2M |
| Revenue (quarter) | $10.2M |
| Revenue growth (year over year) | 16.13% |
| Gross profit (trailing twelve months) | $0.00 |
| Gross margin | 0.00% |
| Net income (trailing twelve months) | $11.8M |
| Net income (quarter) | $3.1M |
| Net income growth (year over year) | 25.22% |
| Net margin | 30.06% |
| Return on equity | 9.70% |
| EPS (trailing twelve months) | $1.90 |
| Book value per share | $19.61 |
| P/E (trailing twelve months) | 10.9 |
| Price to book | 1.0 |
| Debt to assets | 87.92% |
| Payout ratio | 19.25% |
| Dividend yield | 1.92% |

## Frequently Asked Questions

### Is Magyar Bancorp (MGYR) profitable?

Yes. Magyar Bancorp earned $11.8M in net income over the trailing twelve months, a net margin of 30.06%.

### How much revenue does Magyar Bancorp (MGYR) make?

Magyar Bancorp generated $39.2M in revenue over the trailing twelve months, up 16.13% year over year.

### What is MGYR's P/E ratio?

Magyar Bancorp trades at 10.9 times trailing twelve-month earnings, on an EPS of $1.90.

### How do I buy stock in Magyar Bancorp (MGYR)?

MGYR trades commission-free with a Light Horse Securities brokerage account — from the mobile app, the web at [Light Horse Dashboard](https://portal.lighthorse.io), the trading API, or an [AI agent connected over MCP](/instructions/ai/claude). The trade panel on this page places the order once you are signed in.

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Data provided by [AInvest](https://www.ainvest.com).